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Baku /13.10.22/Turan: Today the Central Bank of Azerbaijan (CBA) held another currency auction with the participation of the "State Oil Fund". This is reported by the CBA.
The report says that the demand at the auction was up by 80.4% from the auction on October 11- $43.3 million, and was fully satisfied.
Average exchange rate of the US currency at the auction was formed at the level of 1.7 manats. -0-
Finance
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The Accounting Chamber has revealed shortcomings in the Baku State University and the Azerbaijan State Academy of Physical Culture and Sport.
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In 2023, the salary costs of employees of the State Oil Fund of Azerbaijan (SOFAZ) amounted to 9.8 million manats. This is stated in the financial statements of the Fund, which were audited at the end of the last year.
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Azerbaijan's justified state budget expenditures totalled AZN 4,948 million in the first half of 2024.
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As of the end of June 2024, credit unions in Azerbaijan had a balance sheet capital of AZN 9.1 million. This is stated in the credit union review published by the Central Bank of Azerbaijan.
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